Did not find what you are looking for?
Founded
2017
Headquarters
Mumbai (India)
Status
Series B
Company Details
APAC Group, based in Mumbai, primarily refers to APAC Financial Services Private Limited. Here are the key details about the company:
Business Focus
APAC Financial Services is a tech-driven lender focused on providing financial solutions to Micro, Small, and Medium Enterprises (MSMEs) in India. The company aims to serve the underbanked and underserved segments of the market, addressing their unique financing needs.
Key Features
Services Offered: The company offers various financial products tailored for MSMEs, including loans and credit facilities.
Technology-Driven Approach: APAC employs technology to streamline its lending processes, making it easier for clients to access funds.
Leadership
The company is promoted by Mr. Gunit Chadha, who has extensive experience in the financial services sector, having held prominent leadership roles over his 35-year career.
Subsidiary
APAC Financial Services has a wholly-owned subsidiary, APAC Housing Finance Private Limited, which focuses on housing finance solutions.
Key Metrics
Total Equity Funding
$132 million
No. of Funding Rounds
5
Latest Funding Round
$42.5Million, Series B
as of January 16, 2025
Post Money Valuation
$290 million
as of N/A
Funding Multiple
1.39
as of N/A
Investors
Norwest Venture Partners
and 4 moreEmployee Count
36
Similar Companies
Varthana
Exit Details
N/A
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| January 16, 2025 | Series B | $42.5Million | - | - | - | Creador ,Khaitan |
| March 15, 2014 | Series B | $51.4Million | $290.0Million | $31.3Million | 7.6x | Norwest Venture Partners, Rajamahendra Chola |
| May 7, 2019 | Series A | $4.3Million | $125.0Million | $3.1Million | 39.5x | - |
| March 5, 2019 | Angel | $127.0K | $92.3Million | $2.3Million | 40.6x | Praveen Vecha, Jatinder Mohan Singh Shah |
| December 11, 2018 | Series A | $34.2Million | $89.6Million | $1.7Million | 32.9x | Multiples Alternate Asset Management , Plenty Investment Advisors |